Whither Hegemony? Prof. Wen Tiejun Foreword to Michael Hudson’s The Destiny of Civilization
The development and future of America’s hegemony is a major focus of Michael Hudson’s new book, The Destiny of Civilization.
Read more...The development and future of America’s hegemony is a major focus of Michael Hudson’s new book, The Destiny of Civilization.
Read more...Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation
Read more...On the rise and decline of the dollar system.
Read more...Larry Summers tells us a recession is coming….sometime….because the US is having too good a time job-wise.
Read more...Economists are begining to grapple with the question of how the Russia-Ukraine war will reshape supply chains.
Read more...You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.
Read more...A short hisory of stagflation and why it’s a pressing risk now.
Read more...More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.
Read more...More on the debate over whether worker productivity takes a hit at home.
Read more...Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.
Read more...The rich have influenced most developing countries to prioritize inflation targeting in monetary policy instead of adopting bolder economic policies for growth, jobs and sustainable development.
Read more...Why central bank fixation with inflation targeting is dodgy to detrimental.
Read more...Private equity has been a big winner thanks to a long-term trend of falling interest rates. What happens in a less favorable environment?
Read more...In How Novelty and Narratives Drive the Stock Market, economist Nicholas Mangee examines how stories influence stock market outcomes
Read more...Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.
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